WAEC Commerce Past Questions & Answers - Page 323

1,611.

Which of the following is not a component of a company's marketing mix?

A.

Production planning and price structure

B.

Promotional plan

C.

Distribution plan

D.

Economic plan

E.

Public relations plan

Correct answer is D

No explanation has been provided for this answer.

1,612.

Information on new goods is passed on to buyers through?

A.

wholesale trade

B.

retail trade

C.

market research

D.

advertising

E.

the manufacturer

Correct answer is D

No explanation has been provided for this answer.

1,613.

Which of the following is primarily responsible for protecting against poor quality goods?

A.

Nigerian National Supply Company

B.

Manufacturers Association of Nigeria

C.

Industrial Arbitration Panel

D.

Standards Organization of Nigeria

E.

Nigeria Chambers of Commerce

Correct answer is D

No explanation has been provided for this answer.

1,614.

The management of evaluating the company's performance to determine whether it is achieving its objective is?

A.

controlling

B.

directing

C.

organizing

D.

planning

E.

consulting

Correct answer is A

No explanation has been provided for this answer.

1,615.

Which of the following is not a true characteristic of a Chamber of Commerce?

A.

It is not for profit making

B.

It is open only to political party members

C.

It is democratically administered

D.

It is a voluntary organization

E.

It is independent of government control

Correct answer is B

No explanation has been provided for this answer.